City of Racine - File #: 0319-20

• File #: 0319-20
• Version: A
• Type: Communication
• Status: Passed
• File created: 5/29/2020
• In control: Mayor's Office
• On agenda: 6/2/2020
• Final action: 6/2/2020
• Title: Subject: (Direct Referral) Communication sponsored by Mayor Mason, requesting to extend TID #002, for one year, as permitted by State Statute. Recommendation of Mayor Mason: To approve extending TID #002, for one year, as permitted by State Statute. Fiscal Note: Extending TID 2 would provide an anticipated increment of approximately $700K in fiscal year 2022 to be used in accordance with State Statutes for improvements to the City’s housing stock.

Date	Ver.	Action By	Action	Result
6/2/2020	A	Common Council	Approved	Pass

Title

Subject: (Direct Referral) Communication sponsored by Mayor Mason, requesting to extend TID #002, for one year, as permitted by State Statute.

Recommendation of Mayor Mason: To approve extending TID #002, for one year, as permitted by State Statute.

Fiscal Note: Extending TID 2 would provide an anticipated increment of approximately $700K in fiscal year 2022 to be used in accordance with State Statutes for improvements to the City’s housing stock.